VOL. XXXIII

NO. 2

16-OCTOBER-1989

Financial and Banking News

Regional Banking

Another Investment Company Legalized in Egypt

The Capital Markets Authority (CMA) of Egypt, which is charged withresponsibility for regulating the Islamic investment companies sector, hasapproved the operation of one more company, while turning down one of thelargest investment companies. The Dar al-Wafa Group for Industrial andCommercial Investment is now authorized to restart operations as an Egyptianshareholding...